Most Recent Regulation and compliance News

OCC rolls back disparate impact oversight

OCC rolls back disparate impact oversight

The Office of the Comptroller of the Currency is rolling back disparate impact supervision for banks, it announced Monday. As...

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GOP megabill cutting CFPB funding goes to Trump’s desk

GOP megabill cutting CFPB funding goes to Trump’s desk

WASHINGTON —  The House narrowly passed a massive tax and spending bill, capping months of deliberations and sending President Trump’s...

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Feds drop redlining consent order for Trustmark National Bank

Feds drop redlining consent order for Trustmark National Bank

Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation.  The Jackson,...

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Activists oppose Affirmatively Furthering Fair Housing rule

Activists oppose Affirmatively Furthering Fair Housing rule

A coalition of over 100 federal and state consumer organizations, led by the National Fair Housing Alliance called on the...

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Fifth Third CEO: Deregulation will up competition for banks

Fifth Third CEO: Deregulation will up competition for banks

Banks are still optimistic that deregulation under the Trump administration will help offset some of the recent turbulence from recent...

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CFPB preliminary injunction likely modified by appeals panel

CFPB preliminary injunction likely modified by appeals panel

A federal appeals panel appeared sympathetic to issuing an administrative stay of a preliminary injunction, albeit with certain conditions to...

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Union says DOJ appeals to wrong court over CFPB injunction

Union says DOJ appeals to wrong court over CFPB injunction

The Trump administration’s appeal of a ruling stopping the efforts to shut down the Consumer Financial Protection Bureau was taken...

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Barr welcomes regulatory rethink but Fed needs to supervise

Barr welcomes regulatory rethink but Fed needs to supervise

Federal Reserve Gov. Michael Barr.Al Drago/Bloomberg The Federal Reserve’s former top regulator welcomes the Trump administration’s efforts to reform bank...

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Trump picks Russ Vought as acting CFPB director

Trump picks Russ Vought as acting CFPB director

Office of Management and Budget director Russell VoughtBloomberg News The Wall Street Journal is reporting that President Donald Trump has...

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U.S. Treasury says it was breached by Chinese-backed hacker

U.S. Treasury says it was breached by Chinese-backed hacker

The U.S. Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to a...

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